Gold: Where and how to find Most of the Gold deposits .

1. Introduction.

2. Different types of gold

3. How to mine for gold?

4. Where does gold originate from?

6. How much is left in circulation? 

7. Gold as a currency.

8. Conclusion

It's a well-known fact that gold is found primarily in quartz veins and metamorphic rocks, but did you know it's also found in coal and limestone?

This post will explore the different sources of gold and how we mine for it. You'll also learn about some of the variations of gold and what they're used for. Finally, we'll look at how much gold is actually left in circulation.

Gold nugget; found on 28th December 1877, in Victoria, Australia

Different types of gold

Gold is a metal with a yellow color. It's used in jewelry because it doesn't tarnish, making it perfect for rings, necklaces, and other accessories. Gold has an atomic number of 79, which means it can be combined with other elements to form compounds.

There are many different types of gold that are used for different purposes. Common types include:

-Gold nuggets

-Pyrite

-Gold leaf

-Gold foil

-Gold salts

-Silver plating

The most common type of gold is 24 karat or 999 fine gold. This is the type of gold you'll find in most jewelry stores. Gold bars are also another common type of gold that can be stored in banks if you have excess assets.

So what exactly do we mine for when it comes to gold? Well, three main sources are mined for this precious metal: quartz veins, metamorphic rocks, and coal and limestone deposits. Quartz veins are found in mountainous areas where water has eroded through the rock over time, leaving behind pockets of quartz filled with gold ore. Metamorphic rocks are also found in mountain ranges but they're usually more solid than the quartz veins meaning they take longer

How to mine for gold?

Gold can be mined in many different ways, but the most popular way is through cyanide leaching. This is when miners crush rocks and then extract gold from the crushed rock through a chemical process that uses potassium cyanide.

Gold is also found in coal-mining operations where it's mixed with other metals like copper, silver, and lead. It has been found in limestone as well.

This post won't go into detail about how these methods work, but if you're interested in learning more about them, there are a lot of resources on the internet that will teach you more about them!

Marginal mine with cyanide leaching pond.

Where does gold originate from?

The mineral gold is found in a variety of places on Earth, but it's primarily found in quartz veins and metamorphic rocks. Very rarely will you find it as a single element? It's usually mixed with other minerals like silver, copper, or lead.

Gold is also found in coal and limestone. These two sources might not sound very promising for mining gold, but there are rare cases of pure gold veins within limestone and coal deposits.

The majority of the world's gold is mined from quartz veins and metamorphic rocks.

Carlin-Type Gold deposit model.

How much is left in circulation?

It's estimated that there are around 170,000 metric tons of gold remaining in circulation. The next time you look at your shiny and golden wedding band, consider the amount of gold it contains: a mere one ounce. And, if we don't find new deposits of gold, this is all we'll have left in 2100.

This has led people to start looking for new deposits and they've found them! The discovery of a major new deposit in Brazil has been very exciting as that country leads the world with 54 percent of total reserves. In second place in the United States with 27%.

Gold as a currency.

Gold has been used as a currency in many civilizations, and it's still used for this purpose in some parts of the world. In the US, gold is also used as a store of wealth and investment.

One thing to remember when investing in gold is that it isn't actually a commodity; it's more like metal with properties that make it ideal for certain uses. Gold is valuable because we treat it as valuable due to its scarcity and permanence.

pure Gold coins.

Conclusion

Gold has been a reliable hedge against inflation and other economic issues. In fact, it has been a valued commodity for centuries. In the 21st century, it is traded as an investment.

The most common type of gold is gold ore. It is mined from the ground in a process called “open-pit mining.” This process is highly destructive but necessary.

Gold is created when large stars explode.

These explosions produce elements like carbon, oxygen, and iron. When these elements are pushed together by gravity, they turn into gold.

It is estimated that we only have about 2% of the gold in circulation left to find and use for future generations to come. Gold has been traded as a currency for centuries and this will likely continue into the future."